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GCC Railway > UAE > UAE and Jordan partner for key rail project
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UAE and Jordan partner for key rail project

September 10, 2024 2 Min Read
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The undertaking goals at constructing, creating, and working a Jordanian railway community linking phosphate and potash mines to the Port of Aqaba

Jordan and the UAE have signed agreements to provoke a US $2.3bn railway undertaking, the undertaking is ready to attach Jordan’s Port of Aqaba to the important thing mining websites of Shidiyah and Ghor Al Safi.

The undertaking – signed between Etihad Rail, the developer and operator of the UAE Nationwide Railway Community, and the Ministry of Transport – is a part of a broader funding bundle totalling round $5.5bn, which was signed in late 2023 within the presence of His Majesty King Abdullah and UAE President Sheikh Mohamed bin Zayed Al Nahyan.

The settlement covers constructing, creating, and working a Jordanian railway community spanning 360km, linking phosphate and potash mines to the Port of Aqaba. As well as, the corporate signed two further MoUs with Jordan Phosphate Mines Firm and Arab Potash Firm to move 16m tonnes of phosphate and potash yearly from mining websites to the Port of Aqaba by way of the brand new railway community.

This strategic connection goals to create a ‘transformative’ shift within the transportation of important supplies, improve export capabilities, and enhance logistical effectivity. It will likely be a significant component in creating job alternatives within the transport and mining sectors and contribute to the dominion’s wider financial growth, stated an announcement.

Throughout the signing ceremony, which was attended by UAE Minister of Funding, Mohamed Suwaidi, Jordan’s Prime Minister Bisher Khasawneh highlighted the strategic significance of the railway undertaking, underscoring the ‘stable’ relationship between Jordan and the UAE.

See also  Etihad Rail Launches Sustainable Finance Framework to Support UAE's Net Zero 2050 Strategy

The prime minister stated railway work is predicted to be accomplished inside 5 years, with operations starting in 2030, including that detailed research on the railway routes and the dealing with of potash and phosphate shall be finalised by the top of 2025. Building tenders are anticipated to be issued in early 2026.

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